Reported about 17 hours ago
China has accused the EU of imposing barriers to trade and investment through its Foreign Subsidies Regulation, revealing concerns over selective enforcement that targets Chinese companies. Following an investigation initiated by the EU into Chinese subsidies for electric vehicles, China's Ministry of Commerce hinted at possible retaliatory actions, including requests for talks and other measures. The EU, which has already imposed significant tariffs on Chinese electric vehicles, defends its regulations as necessary for maintaining a fair marketplace.
Source: YAHOO